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Taxman now pursuing athletes...
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Kaigangio
#11 Posted : Thursday, September 27, 2012 9:57:58 AM
Rank: Elder

Joined: 2/27/2007
Posts: 2,768
sitaki.kujulikana wrote:
Kaigangio wrote:
...Might Trizza Njeri Wanjiru, the wife of late world marathon champion be in trouble...the late athlete had made something close to kshs 1 billion by the time he was bidding the world bye bye and i believe all records are still intact.

Tax to the tune of kshs 300m will surely make her bleed if not sweating that thin sweat...


The individual who earned the money is dead - how can they tax the wife for an income she never made.


because they co-owned the income...looks more like a company operating profitably and paying taxes as required and all of sudden it changes its name...that does not deter the taxman from collecting his dues..
...besides, the presence of a safe alone does not signify that there is money inside...
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King G
#12 Posted : Thursday, September 27, 2012 10:07:48 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Regardless whether the individual is dead, if he owed any taxes in arrears which come with penalties and interest, the administrator of the estate is resposible and MUST pay the taxes. Gova is an a*** when it comes to tax laws
Thieves
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Impunity
#13 Posted : Thursday, September 27, 2012 10:18:49 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,333
Location: Masada
McReggae wrote:
2012 wrote:
vinii wrote:
According to Isiah Kiplagat, KRA is demanding 12.8m and 50m from two top athletes..the taxes have been assessed on the proceeds of their races abroad...


Can you be taxed for income earned for income earned outside the country that is not tied to export? What if the athletes decide to open accounts abroad and lave the money there?


You must pay tax, unless you can proove that you paid the tax where you earned the money!!!!


What is wrong with leaving the money in a Jersey island account and use VISA to tap into the pool bit by bit while in Kenya?
d'oh! d'oh! d'oh!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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King G
#14 Posted : Thursday, September 27, 2012 10:20:53 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Impunity wrote:
McReggae wrote:
2012 wrote:
vinii wrote:
According to Isiah Kiplagat, KRA is demanding 12.8m and 50m from two top athletes..the taxes have been assessed on the proceeds of their races abroad...


Can you be taxed for income earned for income earned outside the country that is not tied to export? What if the athletes decide to open accounts abroad and lave the money there?


You must pay tax, unless you can proove that you paid the tax where you earned the money!!!!


What is wrong with leaving the money in a Jersey island account and use VISA to tap into the pool bit by bit while in Kenya?
d'oh! d'oh! d'oh!


Huwesi makeit that way. As long as you are a resident of Kenya, you are still liable to pay taxes.
Thieves
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Mukiri
#15 Posted : Thursday, September 27, 2012 10:43:57 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Clearly I should have taken cross country alot more seriously in school! Mpigs got off easy?

Proverbs 19:21
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livie
#16 Posted : Thursday, September 27, 2012 10:51:32 AM
Rank: Veteran

Joined: 11/1/2008
Posts: 834
McReggae wrote:
2012 wrote:
vinii wrote:
According to Isiah Kiplagat, KRA is demanding 12.8m and 50m from two top athletes..the taxes have been assessed on the proceeds of their races abroad...


Can you be taxed for income earned for income earned outside the country that is not tied to export? What if the athletes decide to open accounts abroad and lave the money there?


You must pay tax, unless you can proove that you paid the tax where you earned the money!!!!


they do pay taxes on their earnings in the countries they compete in....always!!!
If you are going to be thinking only one thing, you might as well be thinking big. -Donald J . Trump
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bkismat
#17 Posted : Thursday, September 27, 2012 11:24:55 AM
Rank: Elder

Joined: 10/23/2009
Posts: 2,375
livie wrote:
McReggae wrote:
2012 wrote:
vinii wrote:
According to Isiah Kiplagat, KRA is demanding 12.8m and 50m from two top athletes..the taxes have been assessed on the proceeds of their races abroad...


Can you be taxed for income earned for income earned outside the country that is not tied to export? What if the athletes decide to open accounts abroad and lave the money there?


You must pay tax, unless you can proove that you paid the tax where you earned the money!!!!


they do pay taxes on their earnings in the countries they compete in....always!!!

In the case of football players this is true. Example in the case of Ronaldo he pays tax to Spain. What of games where the athlete moves all over the world like track and field. I guess you pay the tax in the country you live in. Hamilton the f1 driver is a Briton but for tax purposes he moved to Switzerland I think.
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
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Mukiri
#18 Posted : Thursday, September 27, 2012 2:33:27 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
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Coolio
#19 Posted : Thursday, September 27, 2012 2:39:39 PM
Rank: Elder

Joined: 10/28/2008
Posts: 2,276
Location: Kibish
sitaki.kujulikana wrote:
Kaigangio wrote:
...Might Trizza Njeri Wanjiru, the wife of late world marathon champion be in trouble...the late athlete had made something close to kshs 1 billion by the time he was bidding the world bye bye and i believe all records are still intact.

Tax to the tune of kshs 300m will surely make her bleed if not sweating that thin sweat...


The individual who earned the money is dead - how can they tax the wife for an income she never made.

Only in Kenya, it's possible.
Nadondosha meli kubwa seuze ngalawa!
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iKenya
#20 Posted : Friday, September 28, 2012 3:15:52 AM
Rank: Member

Joined: 7/27/2008
Posts: 241
Coolio wrote:
sitaki.kujulikana wrote:
Kaigangio wrote:
...Might Trizza Njeri Wanjiru, the wife of late world marathon champion be in trouble...the late athlete had made something close to kshs 1 billion by the time he was bidding the world bye bye and i believe all records are still intact.

Tax to the tune of kshs 300m will surely make her bleed if not sweating that thin sweat...


The individual who earned the money is dead - how can they tax the wife for an income she never made.

Only in Kenya, it's possible.



Actually it is said that tax is one of two legal requirements that doesn't stop with death!

For the athletes, or people abroad, its not paying taxes that is compulsory, but filing of tax returns....and you can actually get reimbursed if you pay more tax abroad than you pay in Kenya, but only in countries that have a such agreements, lakini sijui Kenya niaje....
Quote:
Buy when there's blood in the streets, even if the blood is your own...
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